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Sovereign gold bonds – should you buy them this Akshaya Tritiya 2023?

You can invest in sovereign gold bonds during primary issuances by the RBI. The last such issue happened in March. Or, you can buy SGBs on the exchanges where they trade at a discount. But given the sharp rise in gold prices, Akshaya Tritiya 2023 is not the best time to invest in these bonds.

Diwali adds glitter: 39-tonne gold worth Rs 19,500 crore sold this Dhanteras, up 30% YoY

Gold was valued at Rs 50,139 per 10 grams, excluding taxes, on both days of the auspicious occasion. This was higher as compared to Rs 47,644 per 10 grams at Dhanteras last year.

Budget 2017: IBJA seeks import duty cut to help ailing jewellery sector

Speaking to CNBC-TV18, Surendra Mehta, Director of IBJA said that the organisation is looking at an import duty cut because it is damaging the organised sector as the illegal import in the country is creating a big price difference with the unorganised players.

Expect gold sales to pick up by mid January: Surendra Mehta

Watch the interview of Surendra Mehta of India Bullion and Jewellers Association with Manisha Gupta on CNBC-TV18. He speaks about gold and gold prices.

India's gold traders on edge as PM Modi fights 'black money'

India is the world's second biggest gold buyer, and it is estimated that one-third of its annual demand of up to 1,000 tonnes is paid for in black money - untaxed funds held in secret by citizens in cash that don't appear in any official accounts.

IBJA Gold to set up 100 stores in 3 years

Besides flagship stores, the company is also planning to expand through franchisee stores, gold vending machines, and online channels.

Festive season, price correction to drive gold demand: IBJA

Speaking to CNBC-TV18, Deepak Tulsian of the India Bullion and Jewellers Association says that gold products are priced aggressively to compete with freebies and special offers available these days.

IBJA appoints Mukesh Mehta as president

Mukesh Mehta is a director of Mark Bangles and has already been on the IBJA Board for the last four years and has served on various committees, IBJA said in a release issued here.

Gold imports drop over 38% in June to $1.2 bn

The government has announced launch of fourth tranche of sovereign gold bond scheme from July 18 in a bid to check the demand for physical gold.

RBI fixes gold bonds issue price at Rs 2,600 per gram

The second tranche of sovereign gold bonds and the pricing has been made more attractive as compared to the first tranche when the issue price was Rs 2,684 per gram.

Ahead of India's gold exchange,free membership to jewellers

The jewellery industry in the world's second largest consumer continues to be dominated by small, family-owned outlets that are not part of any formal grouping, making it difficult for the government to implement regulatory changes and keeping the market opaque.

Banks can lend against gold jewellery up to 75% of LTV: RBI

Earlier this month, RBI had raised loan to value ratio to 75 percent from 60 per cent earlier. This was in view of moderation in the growth of gold loan portfolios of Non-Banking Financial Companies (NBFCs) in the recent past.